Applicable Purchaser Clause Samples
The 'Applicable Purchaser' clause defines which party or parties are recognized as the legitimate buyer(s) under the agreement. It typically specifies the individual, company, or entity that holds the rights and obligations to purchase the goods, services, or assets described in the contract. For example, the clause may clarify whether the purchaser is a parent company, a subsidiary, or a designated affiliate. This ensures there is no ambiguity about who is responsible for fulfilling the purchaser's duties, thereby preventing disputes and ensuring contractual clarity.
Applicable Purchaser. Applicable Purchaser" means any third party designated by Tenant to purchase the Landlord's interest in the Leased Property and in any Escrowed Proceeds as provided in the Purchase Agreement.
Applicable Purchaser. For purposes this Article II, unless otherwise provided in the Asset Allocation Statement, (a) all Assets and Assumed Obligations primarily related to the Business’ operations in Mexico shall be transferred to and assumed by the Mexican Purchaser, (b) all Assets and Assumed Obligations primarily related to the Business’ operations in Canada shall be transferred to and assumed by the Canadian Purchaser and (c) all other Assets and Assumed Obligations shall be transferred to and assumed by the U.S. Purchaser.
Applicable Purchaser. Applicable Purchaser" means any third party designated by Cypress to purchase the interest of BNP in the Property as provided in Paragraph 2(a)(ii) below.
Applicable Purchaser. Invoices must be prominently annotated by the Contractor with all applicable volume discount(s).